Bally Technologies, Inc. (BYI)

(NYSE: BYI)

Summary

BALLY TECHNOLOGIES INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Bally Technologies, Inc. (BYI) Board of Directors in Connection With the Proposed Sale of the Company to Scientific Games Corporation (SGMS).

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Bally Technologies, Inc. (“Bally” or the “Company”) (NYSE: BYI) for potential breaches of fiduciary duties in connection with the sale of the Company to Scientific Games Corporation (“Scientific Games”) in an all-cash deal valued at approximately $3.3 billion excluding assumed debt. The Company’s stockholders will only receive $83.30 for each share of Bally Technologies common stock they own. According to Yahoo! Finance, at least one analyst has set a price target of $90.00 for the Company.

The investigation focuses on whether Bally’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Bally’s shareholders.

If you own common stock in Bally and wish to obtain additional information and protect your investments free of charge, please contact Juan Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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